Connect with us

Hi, what are you looking for?


EFCC Raids Abuja Bureaux De Change Offices

Some offices of black market currency dealers in Abuja was on Tuesday, November 1, 2022, raided by operatives of the Economic and Financial Crimes Commission, who arrested some Bureaux De Change operators.

The areas raided included Zone 4 and Zone 3 of the FCT where numerous currency dealers thrive in large number and sell local and foreign currencies openly.

The arrested suspects were reportedly dragged into waiting vehicles, as pedestrians trudged the scene.

Read Also: Glo to Dole Out 20 Houses, 24 Cars in Festival of Joy Promo

An official of the anti-graft agency told Vanguard the agency raided many bureaux de Change on Tuesday and arrested unspecified persons but declined to give the exact number of those taken away.

“We took them away in order to get to the root cause of the current Dollar scarcity and continuous Naira slide,” the official said.

“We are investigating them so as to give accurate information on the matter after our findings and then be able to apply appropriate punishment to those involved,” the officer added.

Click to comment

Leave a Reply

Your email address will not be published.


You May Also Like


A Federal High Court, Abuja, on Monday, awarded a N1 million fine against the expelled National Chairman of Action Alliance (AA), Mr Kenneth Udeze,...


It’s already been a week since the BBTitans launch weekend. The 24 housemates have entertained millions of viewers across Africa in the past seven...


Kingsley Kanu, younger brother of embattled leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, has been suspended by the separatist group. In...


Prof. Umar Garba Danbatta, Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission, NCC, was at the weekend in Lagos, decorated...